Infinitecoin is a Litecoin fork and uses the scrypt Proof-of-Work hashing algorithm. It has a 30-second block target and the difficulty retargets every hour. There is a total of 90.6 billion Infinitecoin. Block rewards are 524,288 Infinitecoin per block and halves every 86,400 blocks (roughly 1 month). Infinitecoin was launched on 5 June 2013.
'SingularDTV is laying the foundation for a decentralized entertainment industry. On September 2019, SingularDTV announced the first Censorship Resistant Media DAO: The SNGLS DAO. The SNGLS DAO will provide the non-profit governance layer for the SNGLS Media Distribution Protocol. Established by SingularDTV as an independent and objective organization to guide the development of the protocol, the prime directive of the SNGLS DAO is to uphold the tenets of decentralization and build a truly decentralized, community-owned, self-adaptive media distribution protocol.'